No matter where in NSW you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in WARNERS BAY , 2282 is $590,000 this month which means that a mortgage for 80% of that value would be $472,000.
WARNERS BAY 2282 has seen a high level of growth in it’s population over the last five years.
In NSW the median mortgage repayment has increased from $1,403 to $1,783 which is $3 more than the median monthly home loan repayment in WARNERS BAY, NSW.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WARNERS BAY, 2282 should have seen some difference. While the latest census median annual household figure income is now $54,860, it was $45,562 back in 2006, which is a net increase of $9,297 Subtract from that the median mortgage repayment increase of $5,760 and a mortgage broker’s clients could be up to $3,537 better off each year even without factoring in mortgage rate cuts.